Spain

The Iberian Peninsula and Italy have emerged as the most sought-after hotel investment destinations in Europe for 2024, according to Cushman & Wakefield's latest sector analysis.

Neinver recorded a strong operating performance in 2023, with total brand sales reaching €1.48 billion across its entire portfolio, an 11% y-o-y increase and record-breaking monthly growth. The centres operated by the company across six European countries welcomed a total of nearly 68 million visitors over the course of the y...

Medinvest Asset Management's and King Street Capital Management's joint venture has reached an important milestone, having invested close to €200 million since its formation in 2021.

Hyatt Hotels Corporation celebrates the opening of Grand Hyatt Barcelona, the first urban Grand Hyatt hotel in Spain, located in one of the most visited cities in the world. Marking the fifth Grand Hyatt hotel operating in Europe, this expansion also reflects Hyatt’s accelerated brand growth in Spain. Hyatt offers the fourth-...

Another hotel in Ibiza has changed hands: BG Hotels has sold the four-star BG Portinatx Beach Club Hotel. The purchaser is a Spanish family of international hotel businesses, who will carry out a comprehensive refurbishment of the hotel with its 243 rooms to reposition it.

Spanish REIT Millenium Hospitality Real Estate has sold the four-star, 169-room Hotel Eurostars Lucentum in Alicante for €29.9 million to an undisclosed buyer. According to the REIT, the transaction has generated an estimated capital gain of €7m.

In mid-March, Berlin-based private equity firm ActivumSG (ASG) has sold the three-star, 241-room Hampton by Hilton Barcelona Fira Gran Via in Barcelona, Spain, to an undisclosed British family office for €50 million.

Azora, through two logistics vehicles it manages, has acquired an asset portfolio valued at 91 million euros previously managed by CBRE Investment Management. The portfolio consists of 11 assets totaling 193,000 square meters, financed by a loan of up to 54.9 million euros. These assets are located on the A2, the main logisti...

ECE Marketplaces has successfully completed the restructuring of a former hypermarket space in the Spanish shopping center „Parque Principado“ in Ovideo. The space has been let to several popular tenants, and thus, the center is again fully let. Following the hypermarket's departure in 2022, the modernized space of around 12,...

Following a change of control of Carlotta SL, which owns the Oasiz shopping centre in Madrid, Eurofund will implement an investment of up to €20 million of capital expenditure at the centre.

Quartiers Properties to announce that Andreas Bonnier, co-founder of Quartiers Properties and experienced in international business, has been appointed as the new CEO.

Esade, advised by Savills, has agreed a new lease at 3 Calle Valle de la Fuenfría in Mirasierra, Madrid from Saint Croix Holding Immobilier. The architecture team, part of occupier solutions, has also been appointed to design the 4,800 sq m campus which will be a hub for Esade Executive Education in Madrid.

Abrdn European Logistics Income has agreed an immediate lease surrender with Arrival for the 27,000 sqm of warehousing it previously rented in Getafe, Madrid. Reflecting the ongoing demand for Grade-A, highly sustainable logistics space in Spain, ASLI has now agreed a new lease for 5,131 sqm of the space, at a rent 8.7% above...

Redevco and Swiss Finance & Property Group (SFP Group) have formed an Iberian hotel Joint Venture. Following a first close, a fund managed by SFP has indirectly taken a majority stake in 'Next Gen Stays,' currently comprising a seed portfolio of six assets in Portugal and Spain in the Lisbon, Porto, Bilbao, Malaga and Seville...

Amro Partners and Falco Capital have financed their joint student housing project in Alicante with a €17.5m 3-year development loan from Fiera Capital's European Real Estate Debt platform. The global asset management firm is making its debut into the Iberian market via the Article 8-compliant Fiera European Real Estate Debt F...

In February, Aedas Homes and the US fund King Street have signed an agreement to invest up to €270 million in the residential market in Spain.

Chancerygate has opened an office in Madrid and appointed a development director for Spain as the urban logistics property developer and asset manager ramps up its expansion into Europe. Felipe Lainez joins from Mirastar Real Estate Investment where he was development director for southern Europe for the past four-and-a-half ...

Following a structured operator search process for the hotel, Christie & Co's investment team has formalised a lease agreement with Summum Hotel Group. From May 2024, the group will take over the management of the establishment. Villa Nazules Hotel Hípica Spa is located 25 kilometres from the city of Toledo, in a natural sett...